Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Movado Group's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $516.8 Mil. Movado Group's Total Assets for the quarter that ended in Jan. 2024 was $769.1 Mil.
Therefore, Movado Group's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.67.
The historical rank and industry rank for Movado Group's Equity-to-Asset or its related term are showing as below:
MOV'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.66 Max: 0.83
Current: 0.67
During the past 13 years, the highest Equity to Asset Ratio of Movado Group was 0.83. The lowest was 0.59. And the median was 0.66.
MOV's Equity-to-Asset is ranked better than 80.48% of 1117
companies
in the Retail - Cyclical industry
Industry Median: 0.44
vs MOV: 0.67
Movado Group Equity-to-Asset Historical Data
The historical data trend for Movado Group's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Movado Group's Equity-to-Asset
For the Luxury Goods subindustry, Movado Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Movado Group's Equity-to-Asset Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Movado Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Movado Group's Equity-to-Asset falls into.
Movado Group Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Movado Group's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Movado Group (NYSE:MOV) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Movado Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Movado Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Movado Group Inc designs, develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of revenue from its international location.
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